Former FTX CEO Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing related to the collapse of the crypto exchange, including wire fraud, securities fraud and violations of campaign finance laws.
Multiple observers in the United States District Court in the Southern District of New York on Jan. 3 reported that Bankman-Fried’s attorneys had entered a not-guilty plea on SBF’s behalf in his first court appearance since December. Bankman-Fried faces eight criminal counts, which could result in 115 years in prison should he be convicted.